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Interpark Join Forces with SK Telecom for Internet-only Bank

Interpark Join Forces with SK Telecom for Internet-only Bank

SEOUL, Aug. 26 (Korea Bizwire) – South Korea’s leading online shopping site Interpark said Wednesday it has joined forces with the nation’s top mobile carrier and several other firms to win regulatory approval for running an Internet-only bank. Interpark said its consortium includes SK Telecom, the state-run Industrial Bank of Korea, GS Home Shopping and four [...]

Korea’s GS Home Shopping to Enter Russian Market

Korea’s GS Home Shopping to Enter Russian Market

SEOUL, Jul. 22 (Korea Bizwire) — GS Home Shopping Inc., the retail affiliate of South Korean business group GS, is set to enter the Russian home shopping market by joining forces with state-run telecommunications firm Rostelecom PJSC, the two companies said Wednesday. GS Home Shopping Chief Executive Officer Huh Tae-soo and Rostelecom President Sergey Kalugin [...]

“Go Mobile” Strategy Helps GS Shop to Outpace Coupang, Popular E-commerce Player

“Go Mobile” Strategy Helps GS Shop to Outpace Coupang, Popular E-commerce Player

SEOUL, Oct. 29 (Korea Bizwire) – “Going mobile” seems to play increasingly major roles in e-business as a whole. And this trend is especially prominent in e-commerce market, a field in which old and new players are raging fiercer battles for more shares in the lucrative market.  GS Shop, GS Home Shopping(GSHS)’s online and mobile [...]